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Jul 21, 2011
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>> any plan, any big deal must cut consumer debt. because that's what directly impacts the american people. we free up the money that americans are paying on creditors, that's why jobs in a sense really doesn't matter. somebody could be working but they could be paying their whole income to creditors. we want americans to be able to have some of that money, invest, have responsible purchasing power. that's how you create jobs. >> congressman clark from michigan, thank you so much. appreciate your time today. >> you're very welcome. >>> we have breaking news coming in from the "washington post" which is reporting that the fec has now demanded that john edwards' presidential campaign repay $2 million in matching funds. they say it should repay the treasury in this because it came from, you know, these are the federal matching funds that match the campaign contributions, got nearly $13 million in matching funds all together and now the federal election commission saying that the campaign understated its cash, overstated its expenses and
>> any plan, any big deal must cut consumer debt. because that's what directly impacts the american people. we free up the money that americans are paying on creditors, that's why jobs in a sense really doesn't matter. somebody could be working but they could be paying their whole income to creditors. we want americans to be able to have some of that money, invest, have responsible purchasing power. that's how you create jobs. >> congressman clark from michigan, thank you so much....
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Jul 21, 2011
07/11
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lean cuisine. >>> it is big. we're now learning the british phone hacking scandal is bigger than we believed. one team says the british yard investigating the allegations has been expanded to 60 officers and we're now learning, the probe could be expanded to as many as 31 separate publications and 300 different journalists. joining me to talk more about this, great to have you here. let's talk about these revelations. this phone hacking and the kind we've seen with news of the world has drawn critical attention to the blood sport of the tabloids put together across the pond. if this report is accurate and suggesting this is so pervasive on fleet street on london, what do you think this will do to the profession, careers of these journalists but journalism as a whole? >> i think it was probably endemic, not just news corp. hacking during this period. we have a to be careful. it was interesting in the sense of going for blood because the press were all over last year for an expensive scandal and enjoying this momen
lean cuisine. >>> it is big. we're now learning the british phone hacking scandal is bigger than we believed. one team says the british yard investigating the allegations has been expanded to 60 officers and we're now learning, the probe could be expanded to as many as 31 separate publications and 300 different journalists. joining me to talk more about this, great to have you here. let's talk about these revelations. this phone hacking and the kind we've seen with news of the world...
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Jul 21, 2011
07/11
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what i like is it's talking about big bold bipartisan plan, a lot of details not out about it. it does talk about 3$3.7 trillin worth of spending cuts over the next ten years and talks about tax reform, i think is critically necessary, talks about lowering the rate, you heard 29%, again, allowing corporations to be more competitive in the global marketplace. these are things we want to accomplish and a big bold bipartisan plan is one we're looking for. >> congressman richmond, is that something you can get on board with? >> we're still looking at the plan and still concerns about reforms to social security that our seniors would receive. i think the framework and concept is something the american people want, which is a little give-and-take on both sides so we can get past this and get back to talking about the 14 million americans unemployed and looking for work. >> you're nodding your head when he's saying that, congressman dole. i'm wondering what you're hearing from your constituents and what their major concerns are when it comes to this tax plan. >> what i'm hearing, i'm
what i like is it's talking about big bold bipartisan plan, a lot of details not out about it. it does talk about 3$3.7 trillin worth of spending cuts over the next ten years and talks about tax reform, i think is critically necessary, talks about lowering the rate, you heard 29%, again, allowing corporations to be more competitive in the global marketplace. these are things we want to accomplish and a big bold bipartisan plan is one we're looking for. >> congressman richmond, is that...
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Jul 21, 2011
07/11
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because they keep talking about doing the big deal. so the public is blaming the white house less and blaming republicans and congress. but that doesn't get anybody anywhere. they still have to figure out a package. we're no closer at this moment. >> are all the problems we had last week, week before, yesterday, four hours ago, we still have all those problems? we're just talking about another maneuver and push it down to road. >> what's fascinating is i continue to hear these outsiders who don't work in washington describe this as washington as it works. there's always a mess in washington and they come together at the end. it's a normal washington process. and i'm talking to a lot of old washington hands who have been here for decades and they are calling this one as abnormal washington process. the difference with this one is that there are these new freshmen in the house of representatives that don't care about getting re-elected. you cannot sweeten this deal. you cannot win them over by adding something to the vote, really. and th
because they keep talking about doing the big deal. so the public is blaming the white house less and blaming republicans and congress. but that doesn't get anybody anywhere. they still have to figure out a package. we're no closer at this moment. >> are all the problems we had last week, week before, yesterday, four hours ago, we still have all those problems? we're just talking about another maneuver and push it down to road. >> what's fascinating is i continue to hear these...
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Jul 21, 2011
07/11
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pretty big battle here. the world's laenget online retailer is fighting efforts to force it to collect sales tax from its customers the way other stores do. >> california claims it's losing more than a billion dollars to uncollected taxes from internet sellers, and we're going to look at this fierce fight, which is happening in several states. find out if it means that you'll soon be paying taxes on your online purchases. >>> first, though, betty ngyuen is at the newsdesk with another look at our top headlines. >> good morning, guys. good moerning to you. america's longest running manned space program ended this morning. >> landing here, down and locked. >> the shuttle "atlantis" touched down early this morning at florida's kennedy space center. it is the final landing for the shuttle program, which began 30 years ago. and after touchdown, the four "atlantis" astronauts walked off the space shuttle for their last time and shook hands with nasa officials. >>> in other news, media baron rupert murdoch is home
pretty big battle here. the world's laenget online retailer is fighting efforts to force it to collect sales tax from its customers the way other stores do. >> california claims it's losing more than a billion dollars to uncollected taxes from internet sellers, and we're going to look at this fierce fight, which is happening in several states. find out if it means that you'll soon be paying taxes on your online purchases. >>> first, though, betty ngyuen is at the newsdesk with...